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Lakeland Industries (Lakeland Industries) Retained Earnings : $69.3 Mil (As of Jan. 2024)


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What is Lakeland Industries Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lakeland Industries's retained earnings for the quarter that ended in Jan. 2024 was $69.3 Mil.

Lakeland Industries's quarterly retained earnings increased from Jul. 2023 ($68.1 Mil) to Oct. 2023 ($70.5 Mil) but then declined from Oct. 2023 ($70.5 Mil) to Jan. 2024 ($69.3 Mil).

Lakeland Industries's annual retained earnings increased from Jan. 2022 ($62.9 Mil) to Jan. 2023 ($64.8 Mil) and increased from Jan. 2023 ($64.8 Mil) to Jan. 2024 ($69.3 Mil).


Lakeland Industries Retained Earnings Historical Data

The historical data trend for Lakeland Industries's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lakeland Industries Retained Earnings Chart

Lakeland Industries Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.58 51.52 62.89 64.77 69.28

Lakeland Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.77 65.84 68.08 70.48 69.28

Lakeland Industries Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Lakeland Industries  (NAS:LAKE) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Lakeland Industries (Lakeland Industries) Business Description

Traded in Other Exchanges
Address
1525 Perimeter Parkway, Suite 325, Huntsville, AL, USA, 35806
Lakeland Industries Inc manufactures and sells safety garments and accessories for the industrial protective clothing market. Its product segments include Disposables, Chemicals, Fire, Gloves, High Visibility, High-Performance Wear, and Wovens. Its customers include integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, and mortuaries, as well as scientific and medical laboratories. The company's geographical segments include the United States, Latin America, Canada, Asia, Mexico, Europe (United Kingdom), and Other Foreign.
Executives
Joshua J Sletten officer: VP Corp Development & Strategy 1525 PERIMETER PARKWAY, SUITE 325, HUNTSVILLE AL 35806
Melissa Kidd director 1525 PERIMETER PARKWAY, SUITE 325, HUNTSVILLE AL 35806
Herring Ronald N Jr director
Roger D Shannon officer: Chief Financial Officer 15415 SHELBYVILLE ROAD, LOUISVILLE KY 40245
An Hui officer: VP of Procurement & Asia Mfg. 1525 PERIMETER PARKWAY, SUITE 325, HUNTSTVILLE AL 35806
Christopher James Ryan director 3555 VETERANS MEMORIAL HWY, SUITE C, RONKONKOMA NY 11779
Allen E Dillard officer: COO & CFO 1525 PERIMETER PARKWAY, SUITE 325, HUNTSVILLE AL 35806
Charles D Roberson director, officer: CEO, President and Secretary 1525 PERIMETER PARKWAY, SUITE 325, HUNTSVILLE AL 35806
Steven L Harvey officer: Exec. VP, Sales and Marketing 1525 PERIMETER PARKWAY, SUITE 325, HUNTSVILLE AL 35806
Thomas J Mcateer director 54 CEDAR POINT DRIVE, WEST ISLIP NY 11795
Jeffrey T Schlarbaum director 105 NORTON STREET, NEWARK NY 14513
Nikki Hamblin director 2 RED OAK LANE, PITTSFORD NY 14534
Alfred John Kreft director 3333 ALLEN PARK WAY, #2004, HOUSTON TX 77019
Daniel L. Edwards officer: Sr. VP Sales for North America 6794 MEADOW VIEW DRIVE, SUMMERFIELD NC 27358
Stephen M Bachelder director, officer: Chief Operating Officer 3555 VETERANS MEMORIAL HWY, SUITE C, RONKONKOMA NY 11779